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See how verdicts work1-bedroom flat · CV31 3QP
Sold STCListed 392 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hitchman Court This well-presented studio apartment is ideally located just a short walk from both Leamington Spa town centre and the train station, making it perfect for first-time buyers or as an investment.
The property features a separate kitchen, lounge/dining/bedroom area, shower room and a useful hallway and large storage cupboard.
Outside, you'll find well-kept communal gardens and the convenience of off-road parking.
Lounge / Bedroom / Dining Area (14'69" x 8'8" / 4.5m x 2.65m) The open-plan layout has a light, modern feel with laminate flooring and an electric radiator.
Kitchen (8'10" x 6' 1" / 2.7m x 1.85m) The kitchen is fitted with a range of wall and base units, a stainless steel sink with drainer, an integrated electric oven and hob with extractor hood, plus a fridge freezer.
A double-glazed window overlooks the church. Inner Hallway Useful storage is available in the hallway, which also includes a built-in cupboard. Access to the shower room from here.
Shower Room Fitted with a modern three-piece suite, including a shower cubicle, wash basin, and low-level WC. Finished with tiled walls and ceiling spotlights.
Outside The property benefits from an allocated parking space and access to lawned communal gardens at the rear. Lease Information The apartment will be sold with a 990 year lease.
Ground rent will be peppercorn after 58 year current lease ends (£50 per annum until then).
Additional Notes The seller has mentioned that there is also access to a shared laundry room on-site, which includes two washing machines and a dryer.
Location Leamington Spa Royal Leamington Spa is a fashionable and elegant Regency town in the heart of Warwickshire.
Renowned for its Victorian painted stucco villas and beautiful Regency houses, much of the charm of 19th- Century planning can still be found in and around the town.
Today there is a great choice of high street and boutique shops, restaurants, cafes and bars, offering a unique shopping, dining and cultural experience.
The river Leam runs through the town, and with its stunning architecture, tree-lined avenues, squares, parks and gardens, it is a very popular place to live.
Services Mains water, electricity, drainage and telephone. Local Authority Warwick District Council.
Viewing Arrangements Strictly via the vendors sole agents Spa Estates Disclaimer All measurements are approximate and quoted in metric with imperial equivalents and for general guidance only and whilst every attempt has been made to ensure accuracy, they must not be relied on.
The fixtures, fittings and appliances referred to have not been tested and therefore no guarantee can be given and that they are in working order.
Internal photographs are reproduced for general information and it must not be inferred that any item shown is included with the property.
Whilst we carryout our due diligence on a property before it is launched to the market and we endeavour to provide accurate information, buyers are advised to conduct their own due diligence.
Our information is presented to the best of our knowledge and should not solely be relied upon when making purchasing decisions.
The responsibility for verifying aspects such as flood risk, easements, covenants and other property related details rests with the buyer.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Hitchman Road, Leamington Spa, CV31
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